How to take Grocery 4U Franchise?
Grocery 4U Franchise: Requirements, Investment, Profit, Applying Process:
Hello friends, today we’ll discuss about the the supermarketGrocery 4U Franchise. So, if you want to open a supermarket then Grocery 4U Franchise is good option to choose. This company is providing a good opportunity to open a supermarket in very less investment. In this post, we will discuss about how to apply for the Grocery 4U franchise, total investment, documents and licence, Profit and many more.
Grocery 4U Retail Pvt. Ltd. Provides Franchise for Grocery Super Market in FOFO and FOCO models. The company’s foray was marked into the Indian retail space with the launch of Grocery4U; an online portal to solve your basic to extravagant needs, with our superior supply chain, sourcing the best and the freshest. Always believe that a healthy community is a happy community.
Grocery 4U has association with almost all major brands across India. They understand the growing needs of the retail business and hence take the responsibility of bringing everything you desire under one roof.
Grocery 4U Company details:
| Website | http://www.grocery4uretail.com |
| Type | Privately Held |
| Founded | 1988 |
| Headquarters | Noida, Uttar Pradesh |
| Industry | Retail |
| Company size | N/A |
| Specialties | Grocery Super Market, Franchise Grocery Store, and Hyper Market |
Read Also: How to apply for the Me n Moms Franchise?
Benefits to choose Grocery 4U Franchise:
- Largest network of stores across India.
- Lowest prices big saving.
- Attractive offers and discounts All India branding and promotion.
- Modern trendy and spacious interior model.
- Well Trained staff and management
- Wide range of products and brands
- Easy and efficient logistics
- Easy distribution chain and warehousing
Grocery 4U Products Segmentation:
Eligibility for Grocery 4U Franchise:
- Applicant should completed the age of 21 years.
- Applicant qualification should be 10th & 12th .
- They should have proper investment and proper space.
Investment for Grocery 4U Franchise:
If you want to take Grocery 4U franchise, then the investment depends on you that which model you choose to open the store i.e. FOFO Model or FOCO Model.
Grocery 4u Franchise Model:
The Establishment of your Grocery 4U begins with the selection of location with minimum rental. We plan the layout of the store including signage, fixtures fitting, grocery rack, freeze, A.C, POS Machine,
staff uniform, and stocks. It would extend our help by advertisements and branding to boost sales and foot fall of the stores. There are two franchise model in this company:
- FOCO Model: (Franchise Owned Company Operated)
- FOFO Model:(Franchise Owned Franchise Operated)
- Warehouse – Commercial Capital And Capital Franchise
FOFO Model Requirements: Smart Market Franchise
Bear By Franchise:
| Area/Size | 500 Sqft To 10000 Sqft |
| Franchise Fee | Rs. 2,75,000/- + 18% GST |
| Software Fee | Rs. 55,000/- Per Logins |
| Product Cost(Minimum Order) | Rs. 2000/- Per Sft Approximate* |
| Interior according tocompany layout | Rs.1000/- Per Sft Approximate* |
| 2 Security Deposit Undated Cheque | Rs. 5,00,000/- Each |
| Franchise Fee (1100 Sft To 20000 Sft) | Rs. 350 Per Sft. + 18 % GST |
Grocery 4U FOFO Model- Smart Market Franchise
- Product: Grocery, Bakery, Stationery, Toys, Books and Magazine, Personal Care, Beverages, Fruit and Vegetable, Frozen Food and Ice Cream Tobacco, Travel Solutions .
- Company: Accounting Support , Purchasing Support , Operations Support ,
- Support: TV Advertisement, News Paper Ad, Radio, Pamphlets, Support Hoardings, Social Media Ad, Training, T-shirt, Cap, One Store Manger Salary or, One Staff Salary .
- Income: Approximate 2 to 5 Lac Per Month.
Calculation of Income: Projection
Lets take an example of 500 Sqft Area of Smart Market Franchise:
- Per Month Approximate Sales Rs. 15 Lac (per Day Rs 50,000)
- Average Margin on monthly Sales is 20% = Total Income Rs 3,00,000 P.M.
- Company will pay Rs. 20,000 to the Smart Market franchise if he appoints a New Franchise.
Calculation of Income from FOFO Model: Smart Market Franchise
- Income of Appointment of 5 New Franchise 1,00,000/- P.M.
- Income on total monthly sales 20% 3,00,000/- P.M
- Total Income of Smart Market Franchise Rs. 4,00,000/- P.M.
- Company will charge 5% Royalty or 25,000 monthly whatever is of higher.
FOCO Model Requirements: Smart Market Franchise
Bear By Company:
| Area/Size | 500 Sqft To 10000 Sqft |
| Franchise Fee | Rs. 2,75,000/- + 18% GST |
| Software Fee | Rs. 55,000/- Per logins from Second logins Extra |
Franchise Investment Cost
| Setup cost: 3900+GST as applicable
|
| Agreement Time | 5 Years |
| 2 Security Deposit Undated Cheque | Rs. 5,00,000/- Each |
| Product Cost 2400/sqft | is refundable after 5 year of locking period |
Grocery 4U FOCO Model- Smart Market Franchise
- Product: Grocery, Bakery, Stationery, Toys, Books and Magazine, Personal Care, Beverages, Fruit and Vegetable, Frozen Food and Ice Cream Tobacco, Travel Solutions .
- Company: TV Advertisement, News Paper Ad, Radio, Pamphlets, Support Hoardings, Support Social Media Ad, Staff Training, T-shirt,
- Income: Approximate 4 to 12 Lac Per Month
In FOCO Model Company’s Work:
- Company will pay the rent of the store @Rs 50 per Sq ft maximum.
- They will pay electricity bill of the supermarket franchise
- Pay salary of staff working in supermarket franchise.
- Company will bear all the operational and petty expanses
- Company will do the marketing, promotion and advertisement of the supermarket franchise to boost up the sale in the store
- They will display a wide range of sale able products in the store
- Company will do the interior of the supermarket store
Income to Supermarket Franchise:
- Company will Pay 10% commission on total monthly sales generated in the same Supermarket Store or Company will Pay 1% monthly assured guaranteed return on total Investment exclusive of GST cost of the investment. (Which one is higher you will get The higher one)
- Company will pay 20,000 to the supermarket franchise if he appoints a new FOCO model franchise.
Calculation of Income:
Let’s take an example of 500 Sq ft area of Smart Market Franchise:
- Per month Approximate Sales 13.5 lac per month (Per Day Rs. 45000)
- Commission on monthly Sale is 10% Total Income 1,35000/-
Calculation of income from FOCO Model-Supermarket Fracnhise
- Assured Guaranteed monthly income 1% of Investment (3900 x 500) Rs. 19,500/-PM
- Income on total Monthly Sales 10% Commission Rs. 1,35,000/- PM
- 1 OR 2 which one is higher you will get the higher one
- Rent Rs. 50/- Sq ft(MAX)
Warehouse – Commercial Capital And Capital Franchise
| Area/Size | 3000 sqft to 5000 sqft |
Franchise Investment Cost
| Rs. 600 sqft + 18% GST Rs. 3500/- per sqft refundable Rs. 400 sqft approx + 18% GST Rs. 4680/-sqft |
| Franchise Fee | Rs.400,000 + GST |
| Software Fee | Rs.400,000 + GST |
| Agreement Time And Lock In Time | 5 years/ 5 years |
Grocery 4U Warehouse Franchise Model:
- Product: Grocery, Bakery, Stationery, Personal Care, Frozen Branded Foods, Cosmetics ,
Beverages , Fruits Organic - Company: TV Advertisement, News Paper Ad, Radio, Pamphlets, Hoardings, Support Social Media Ad
- Income: Approximate 3 to 10 Lac Per Month
Company’s Work:
- Company will pay the rent of the warehouse.
- Company will pay electricity bill of the warehouse.
- Company will pay the salary of staff working in warehouse.
- Company will bear all the operational and petty expenses.
- Company will keep saleable products in warehouse.
- Company will do the interior of the warehouse.
Calculation of Income from warehouse : warehouse Franchise
- Company will pay 2% Commission (if product sale from warehouse to other outlet of grocery 4u)
- Company will pay 10% commission on direct retail sales generated in the warehouse.
- Company will pay 5% commission on online sale generated in the warehouse.
- Company will pay 1% assured guaranteed income (if income is generated by point A,B&C is lesser then 1%)
Marketing:
- Incentive based on performance to boost sales.
- Coupons, discounts and rewards to customers on bulk purchasing.
- Festive Discounts and promotions.
- Brand promotions through signages and hoardings.
- Potential customer- ek bazaar jo hai sabka.
How to apply for the Grocery 4U Franchise ?
To apply for the Grocery 4U franchise, you have to follow some steps which is given below:
- Visit: www.grocery4uretail.com
- Click on the above link.
- After landing on this page you can see grocery 4u franchise form.
- Fill all the correct information in the form.
- Submit the form successfully.
- After that if your application is considered then you get a call from the executive of the company within a week.
- Or You can either call on the toll free number.
Once you get in contact with you area manager then they will explain you everything. If you agree then they will survey your area. If they find you area is in good place then they will confirm you for the franchise.
Grocery 4u Franchise Contact Details:
If you have any query related grocery 4u franchise then you may contact to company via given details as I’ve mentioned below:
Address:
A-61/B4, Spring Meadows business park, Noida Sector – 63, Pin code – 201301, India.
Email Us: info@grocery4uretail.com
Call Us: +91-120-4200069, +91-93114-13833
F.A.Q(Frequently asked question):
Q. Franchise fee is refundable or not?
Ans: No
Q. Is this is Royalty free?
Ans: No, you’ll have to pay the royalty.
Q. What is the total Investment to take Grocery 4U Franchise?
Ans: It depends on which model you choose i.e. FOCO or FOFO.
Q. Is it profitable or not?
Ans: If you’ll open this store at the place where is high footfall then more n more customer will visit your store.
We hope you enjoyed reading this blog on the Grocery 4U Franchise. For additional useful articles like this, keep visiting YMW Solutions.
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Grocery4U is a great platform for starting a business. They completed all my setup within 15 days.
Grocery 4U Retail Private Limited. Grocery 4U is the best company among the most grocery store franchise providing companies, please once check this company. They are into Grocery store provider for many years. This company is also regularly giving advertisements in the leading newspapers and leading websites for their franchise network on a pan India basis for the last 4 years and they also already have their stores pan India like Uttar Pradesh, Madhya Pradesh, Maharashtra, and Uttarakhand etc. The company is charging the less amount in comparison to other franchise providers, FOFO FOCO, approved, and small Store. After taking the booking amount from their franchisees the locking period is between a few weeks to a few months for which they promise to develop the franchisee’s surrounding defined area by making the store franchisee Also they committed to an assured return of investment within the three months so that the each and every franchisee will start earning handsome amount. Also, the company promised its franchisees to fetch the Grocery business from the local market and the corporate clients with the help of their business development manager and marketing team the company keep their promises on top of its priority list and is fully committed to keeping their promises and commitments. The company is not only interested in opening new stores they are interested in making partners. The company is providing the Store service to each and every of their franchisee business partners, They aren’t a company that provides good service in the beginning but neglects their franchisees later on. Their service is always excellent whenever you contact them. Also, the company Grocery 4U Retail Private Limited is reliable to its employees. The company is appointing the employees as a designation of branch manager, area sales manager, channel sales manager, business development manager and etc and offered them the good salary packages.
Please check, contact or visit them if you are interested in opening a grocery store, these people will guide you in your journey to open your own grocery franchise.
Please contact them once this company, this company(Grocery 4 U Retail Private Limited) is very awesome.
Reviews of Grocery 4U franchises: Grocery 4U is one of the chain supermarkets in India operating since 1988. The brand offers a variety of products, services, and opportunities to thousands of consumers in India every day. As one of the fastest-growing brands, Grocery 4U offers two franchising types: franchise owned and Company Operated (FOCO) and Franchise Owned and Franchise Operated (FOFO). In India, Grocery 4U currently has 27+ franchise outlets. They plan now to expand their brand to other parts of the country.